Tags UK

Tag: UK

FCA proposes temporary financial relief for customers impacted by the coronavirus

The UK top financial market watchdog is proposing a three-month payment freeze among other measures designed to help people ride out the COVID-19 storm.

How the coronavirus led to the UK upping the contactless payment...

Britain is increasing the spending cap for contactless payments from £30 to £45 from April 1 to help people cope with the coronavirus outbreak. However, the move may increase the risk of fraud.

How the UK is still appealing to investors despite Brexit

Ever since the UK voted to leave Europe in 2016, there has been a cloud of uncertainty on the FinTech market. Most discussions painted it as doom and gloom, but the amount of capital still being deployed to the country’s FinTechs, suggests things might be fine.

Monzo’s founder won’t take out any salary for 12 months to...

UK challenger bank Monzo has taken additional steps to protect the business against the pandemic-induced financial downturn. And it's not alone.

Dzing announces launch of its new digital payment app as it’s...

UK-based FinTech startup Dzing has launched a new payment app for international students, remote freelancers, overseas workers and travellers.

Lanistar nets £2m in its seed round as it begins its...

UK-based Lanistar, an alternative to digital banking, has netted £2m in its seed funding round as it sets its sights on becoming a £1bn company.

Capitalise.com launches access to Coronavirus Business Interruption Loan Scheme platform

As the UK is dealing with a countrywide lockdown, many companies will struggle with their financials. That’s where Capitalise.com's new solution comes in.

FreeAgent unveils new Radar feature to boost small businesses’ accounting capabilities

UK FinTech FreeAgent has added another feature to its suite of cloud accounting software solutions for freelancers and small businesses.

Could the coronavirus be the push the UK needs to become...

Britain has fallen behind other countries like Sweden when it comes to removing physical money from its economy. However, the COVID-19 outbreak might change that.

Revolut and Monzo clarify they are not going bust after public...

With the public terrified of the COVID-19 (coronavirus) pandemic, it leaves a space for fake news to fester. Rumours surfaced earlier today on Twitter with people questioning whether UK challenger bank Revolut was close to going bust.